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The Investor Suites at Yonge and Eglinton
Toronto’s Recent International Awards Canada ranked #1 in Forbes magazine's annual list of the BEST
COUNTRIES FOR BUSINESS
Toronto ranked #1 MOST YOUTHFUL CITY in the World. BEST EDUCATION, AFFORDABILITY AND EMPLOYMENT FOR YOUNG PEOPLE.
Forbes magazine named Toronto to its top ten of the World’s MOST ECONOMICALLY POWERFUL CITIES.
Toronto is the world’s MOST RESILIENT CITY. Toronto, followed by Vancouver and Calgary, are THE BEST CITIES FOR REAL ESTATE INVESTMENT because of their resilience. It makes Canada and especially Toronto a very sound long-term real estate investment. - Grosvenor’s Group
2006 Government of Canada study of real estate prices
for the next 30 years.
1. Canadian real estate prices will continue to increase faster than inflation.
2. Inflation over the next 30 years would be no more than 2%.
Assumptions
1. Prices would increase by an average of 4% for Canada.
2. Toronto and Vancouver prices will increase by 5%.
Conclusion
Average price for 2013$523,036 up 5.21% from 2012
6.1% annual increase since 1973
0
500000
1000000
1500000
2000000
2500000
1,141,484
1,521,068
351,941
2,021,370
6%
Projected Prices to 2036
4%
5%
Toronto VS. The World
Just how expensive—or not—is it to buy a condo in Toronto? The city sits at No. 15 out of 94 on the Global Property Guide’s ranking of the World’s Most
Expensive Cities, based on average U.S.-dollar prices per square foot of centrally located condominiums (assuming a 550 square feet—one-bedroom unit)
Price in Toronto: $385,000
CHEAP compared to…
Monaco $3,056,270London $1,194,000
Hong Kong $839,000Tokyo $658,000
New York $615,000
The 'Manhattanization' of Toronto
83.4% of people in New York City live in Condos or Apartment Buildings.
70% of people in Toronto and surrounding areas live in Condos or Apartment Buildings.
In Toronto, prices for single detached homes and townhomes are projected to go up 30% to 50% in the next decade.
Condo living is sure to be the default housing option for those wanted to live in the city.
Toronto’s red-hot condo rental market is showing no signs of cooling
down
Over the past two years, rents have risen by more than 10%, equal to an additional $170 per month or 23 cents per square foot on average.
Demand for renting condos has heated up with less first-time buyers. Rental transactions have exceeded resale volumes in the condo market since mid-2012.
Investors are increasingly choosing to hold their units rather than flip them for sale.
Press Release: 2013 by Urbanation Canada’s leading condominium market research company.
About the Spectacular
Location
155 Redpath Avenue has a Walk Score of 93 out of 100
This address is Walker's Paradise which means daily errands do not require a car.
About The 3 Year
Guarantee*
